Notifications, Scrip Scan

Daily Notification as on 22nd June,2020

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Daily Notification as on 22nd June,2020

1. Scrip code : 532727
Name : Adhunik Metaliks Ltd.
Subject : Letter Of Offer To Be Given To Eligible Public Shareholders For Delisting Of Shares Of The Company
In Accordance With The Approved Resolution Plan And The SEBI (Delisting Of Equity Shares) Regulations, 2009 (“Delisting Regulations”) In terms of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, as amended from time to time, please find attached herewith Letter of Offer by LHG Metal Two Private Limited to the Eligible Public Shareholders of the Company in terms of the Resolution Plan approved under the Insolvency and Bankruptcy Code, 2016 and in terms of the Delisting Regulations.

2. Scrip code : 504918
Name : Sandur Manganese & Iron Ores Ltd.,
Subject : Announcement Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015- Receipt Of Trading Approval This is in reference with our earlier letter dated 30 March 2020 informing that the Board of Directors has in its meeting held on 30 March 2020, in pursuance of order dated 04 March 2020 passed by Hon’ble National Company Law Tribunal sanctioning the Scheme of Amalgamation of Star Metallics and Power Private Ltd (Transferor Company)(SMPPL) with The Sandur Manganese & Iron Ores Limited (Transferee Company)(SMIORE) with their respective shareholders and creditors (the ‘Scheme’), allotted 2,51,941 shares to shareholders of SMPPL. We wish to inform that we are in receipt of e-letter dated 19 June 2020 from BSE Limited according approval for trading of 2,51,941 equity shares of Rs. 10/- each bearing distinctive nos. 8750001 to 9001941, issued pursuant to the Scheme, effective from Monday, 22 June 2020. Consequently, the listed equity share capital shall stand enhanced from Rs.8,75,00,000 to Rs.9,00,19,410 i.e. 90,01,941 equity shares of Rs.10 each.

3. Scrip code : 513262
Name : Steel Strips & Wheels Ltd
Subject : SSWL Receives New Orders For Close To Euro 100K From Europe & US
SSWL has bagged firm exports orders for over 12,000 wheels for EU & US Caravan Trailer & US Mobile Home Market to be executed within July from its Chennai plant. This reaffirms gradual re-start of operations in EU & US post Covid lockdown. Additional orders are expected in coming weeks from several other regular customers as the market begins to recover.

4. Scrip code : 516030
Subject : Corporate Action-Amalgamation/ Merger / Demerger
Approval of Draft Scheme of Merger by absorption of Yash Compostables Limited

Excerpts from Gaurav’s Blog

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